350 Broadway St - Apartments FOR SALE


Loveland, OH 45140- Henry Hannah's Farm
$525,000 USD
513-935-0021
350 Broadway St, Loveland, OH for Sale
$525,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

350 Broadway St
Loveland, OH 45140
Henry Hannah's Farm


OVERVIEW

Prime 5-Unit Apartment Building Near Downtown Loveland Located on a quiet street in Loveland, 350 Broadway St is a five-unit multifamily property with straightforward operations and solid in-place income. Each unit is one bedroom and one bathroom. Three of the five units have been renovated, and the property is currently fully occupied, generating $5,424 per month in gross rents. All units are heated by a boiler system and cooled by wall unit A/C. The property features updated mechanicals including a newer boiler, hot water heater, and updated electric. A RUBS program is in place, allowing ownership to recover a portion of utility costs directly from tenants. An attached parking lot behind the building provides off-street parking for residents. The two unrenovated units represent a clear value-add opportunity consistent with the upgrades already completed on-site. With strong occupancy, low-maintenance, and upside remaining, 350 Broadway St is a straightforward addition to any Cincinnati-area portfolio.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

5

PRICE/UNIT

$105,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,333 SF

ZONING

-

APN/PARCEL ID

20-06-10.-011

ASK ABOUT THIS PROPERTY

Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.